Correlation
The correlation between FGSAX and XMMO is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
FGSAX vs. XMMO
Compare and contrast key facts about Federated Hermes MDT Mid Cap Growth Fund (FGSAX) and Invesco S&P MidCap Momentum ETF (XMMO).
FGSAX is managed by Federated. It was launched on Aug 23, 1984. XMMO is a passively managed fund by Invesco that tracks the performance of the S&P MidCap 400 Index. It was launched on Mar 3, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FGSAX or XMMO.
Performance
FGSAX vs. XMMO - Performance Comparison
Loading data...
Key characteristics
FGSAX:
0.97
XMMO:
0.32
FGSAX:
1.38
XMMO:
0.54
FGSAX:
1.20
XMMO:
1.07
FGSAX:
0.91
XMMO:
0.26
FGSAX:
3.10
XMMO:
0.76
FGSAX:
7.28%
XMMO:
8.52%
FGSAX:
25.19%
XMMO:
24.59%
FGSAX:
-66.17%
XMMO:
-55.37%
FGSAX:
-4.80%
XMMO:
-9.44%
Returns By Period
In the year-to-date period, FGSAX achieves a 3.74% return, which is significantly higher than XMMO's -0.19% return. Over the past 10 years, FGSAX has underperformed XMMO with an annualized return of 13.06%, while XMMO has yielded a comparatively higher 15.07% annualized return.
FGSAX
3.74%
10.15%
-1.97%
22.95%
22.12%
17.74%
13.06%
XMMO
-0.19%
7.90%
-8.12%
6.29%
18.05%
17.32%
15.07%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FGSAX vs. XMMO - Expense Ratio Comparison
FGSAX has a 1.15% expense ratio, which is higher than XMMO's 0.33% expense ratio.
Risk-Adjusted Performance
FGSAX vs. XMMO — Risk-Adjusted Performance Rank
FGSAX
XMMO
FGSAX vs. XMMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes MDT Mid Cap Growth Fund (FGSAX) and Invesco S&P MidCap Momentum ETF (XMMO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Loading data...
Dividends
FGSAX vs. XMMO - Dividend Comparison
FGSAX's dividend yield for the trailing twelve months is around 4.16%, more than XMMO's 0.50% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGSAX Federated Hermes MDT Mid Cap Growth Fund | 4.16% | 4.32% | 0.00% | 2.31% | 25.75% | 7.07% | 8.13% | 14.46% | 13.93% | 0.89% | 25.34% | 15.41% |
XMMO Invesco S&P MidCap Momentum ETF | 0.50% | 0.34% | 0.80% | 1.43% | 0.41% | 0.61% | 0.60% | 0.19% | 0.21% | 0.22% | 0.64% | 1.24% |
Drawdowns
FGSAX vs. XMMO - Drawdown Comparison
The maximum FGSAX drawdown since its inception was -66.17%, which is greater than XMMO's maximum drawdown of -55.37%. Use the drawdown chart below to compare losses from any high point for FGSAX and XMMO.
Loading data...
Volatility
FGSAX vs. XMMO - Volatility Comparison
Federated Hermes MDT Mid Cap Growth Fund (FGSAX) has a higher volatility of 6.28% compared to Invesco S&P MidCap Momentum ETF (XMMO) at 4.96%. This indicates that FGSAX's price experiences larger fluctuations and is considered to be riskier than XMMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...